News
Standards gaps could slow wider adoption of embodied AI, says white paper
The lack of common standards for testing, integrating, procuring and governing embodied artificial intelligence (AI) systems could hinder their wider adoption, despite the technology's potential to improve productivity and address labor shortages, according to a new white paper by ASTM International and Enterprise Singapore (EnterpriseSG).
Ant International completes live cross-bank tokenised deposit transfers with 3 Hong Kong banks under EnsembleTX
Ant International has achieved real-time cross-bank liquidity management with three banking partners in Hong Kong, using tokenised deposits under the Hong Kong Monetary Authority's EnsembleTX program.
Malaysia’s battery firm Econili lifts funding to $2M with Vynn Capital extension
Econili Battery New Energy, a Malaysian lithium-ion battery recycler, has raised new capital from Vynn Capital, a venture firm focused on mobility, travel, and supply chains, increasing the total funding to MYR8 million ($1.96 million).
Binance in talks for Malaysian licence after five-year absence – report
The crypto exchange is in talks on the “viability and structure of licensed business model in Malaysia”, the spokesperson added.
Krungsri Finnovate invests in Thailand’s AI company Amity, series D funding exceeds $100M
Amity, a Thailand-based AI technology group, has announced a strategic investment from Finnoventure Private Equity Trust I, a fund managed by Krungsri Finnovate, the corporate venture capital arm of Krungsri.
Animoca Brands receives ADGM final permission to manage collective investment funds
Animoca Asset Management (AD) Limited, a subsidiary of Hong Kong-based Animoca Brands, has received a Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market, allowing it to manage collective investment funds in or from the financial center.
Singapore’s Multipolitan raises $2M seed led by EmergentX, to build global mobility platform
Multipolitan, a Singapore-registered mobility technology company, has raised $2 million in a seed round at a pre-money valuation of $25 million.
Singapore’s NSV raises $53M for inaugural biotech fund, targeting US, Asia
NeoSci Ventures (NSV), a venture builder and investor with offices in Singapore, Taiwan and the United States, has raised S$70 million ($53 million) for its inaugural institutional venture fund.
Cargill and Neptune start robotic hull-cleaning trial in Singapore
Cargill and Neptune Robotics will test AI-enabled robotic hull cleaning and inspection on vessels calling at the Port of Singapore for 18 months.
Keppel connectivity revenue tops S$900 million in nine months
Keppel's connectivity technology-solutions revenue exceeded S$900 million in the first nine months of 2026 as EBITDA rose 110 percent.
